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Transitional Change in Digital Assets — But How Soon

Transitional Change in Digital Assets — But How Soon

What is the the timeline uh right now? Do you think that we're going to truly see a transitional change in digital assets? Well, I mean, you mentioned the reverse carry trade when we first started the conversation. I think that there's going to be some catalysts that push that along a little faster than what it would be otherwise. You know, most people are looking at a four to five year time horizon for the adoption of this stuff and yeah, all of these professional services to kind of be rolled out and the education to happen. I feel like we're obviously ahead of the curve and I I do think that the curve could be protracted if we see some of these macroeconomic events right along.

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Rewrite the video title ‘Setting up an LLC or Trust Before a Crypto Liquidity Event

Rewrite the video title ‘Setting up an LLC or Trust Before a Crypto Liquidity Event

let's get into why and how to set up an LLC or trust prior to a liquidity event for an investment in digital assets so first off we're gonna have to figure out do you meet the gift tax threshold in your jurisdiction here in the U.S that's going to be 12.92 million dollars for an individual or 25.84 million dollars for a married couple okay so between you and your spouse you both get that lifetime gift tax threshold and you might be asking why does that matter well if you're going to gift your assets into a trust anything above that amount is going to cost you 40 percent in taxes which is steep so this is this is where you're going to decide whether you're going to set up a trust prior to the liquidity event or if you're going to set up an LLC and just move it there so that you can set up an account and have the tax advantages that that provides

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